Ethereum News Today: Visa Adds 3 Stablecoins and Expands Blockchain Support to 4 Networks

Visa has integrated Circle’s EURC stablecoin into its digital asset settlement platform, expanding its support for blockchain-based payment systems. Alongside EURC, Visa is now supporting two additional USD-backed stablecoins—PayPal USD (PYUSD) and Paxos Global Dollar (USDG)—bringing the total number of supported stablecoins to four. These stablecoins operate across four different blockchain networks: Ethereum, Solana, Avalanche, and Stellar. This move is part of Visa’s broader strategy to enhance the efficiency and speed of global financial transactions [1].

The inclusion of Avalanche and Stellar in Visa’s supported blockchain infrastructure represents a strategic step toward faster and potentially lower-cost transactions for users. These blockchains are expected to offer additional flexibility to financial institutions and merchants seeking to leverage decentralized systems for real-time settlements. The expansion builds on Visa’s existing support for Ethereum and Solana, reinforcing its multi-chain approach to digital asset processing [2].

EURC, which is pegged 1:1 to the euro, is particularly significant as it addresses the growing demand for European currency alternatives in global payments. The stablecoin offers a stable, transparent, and fully collateralized digital representation of the euro, potentially facilitating more efficient cross-border transactions in euro-denominated regions [3].

Visa’s continued expansion into the stablecoin ecosystem reflects its commitment to modernizing global payment infrastructure. The company has emphasized blockchain technology as a key enabler of financial innovation, aiming to reduce reliance on traditional fiat settlement systems. By supporting a diverse array of digital assets and protocols, Visa is positioning itself as a central player in the evolving digital economy, especially in the cross-border and institutional payment sectors [4].

The move also highlights a growing shift toward interoperability in digital finance. Visa’s multi-coin and multi-chain approach allows for greater flexibility and scalability in its digital payment infrastructure. This development aligns with the company’s broader vision to support programmable finance through its Visa Tokenized Asset Platform, which is designed to enable banks to issue and manage stablecoins [5].

As digital assets continue to gain traction, Visa’s proactive approach may serve as a model for traditional financial institutions looking to adapt to the digital transformation. The company’s support for these stablecoins and blockchains also signals confidence in their stability and scalability, especially as they demonstrate strong performance in high-volume transaction environments [6].

Visa’s head of product development and strategic partnerships, Rubail Birwadker, noted that the company is building a multi-coin foundation to better serve its global partners. The pilot project allows some partners to process payments using both dollar and euro stablecoins, further testing the practicality of digital assets in real-world scenarios [1].

Visa has processed over $200 million in stablecoin transactions to date, calling it a significant milestone. However, the company has also emphasized the need for clearer regulations to enable broader adoption and scaling of the technology. Visa CEO Ryan McInerney has expressed a desire for “clearer, more pragmatic regulations” in the U.S. and other jurisdictions. This call comes amid the recent introduction of the GENIUS Act, the first major U.S. cryptocurrency legislation signed by President Donald Trump [2].

Industry experts have commented on the evolving role of stablecoins in the payments sector. BitSave CEO Zakhila Suresha noted that currently, only 10–20% of stablecoin transactions involve payments, with the majority used for trading and liquidity. However, he predicts that within a year, the share of payments could exceed 50% as regulatory clarity emerges [3].

Blockon Ventures founder Jagdish Pandya drew a comparison between the current state of the stablecoin market and e-commerce in the late 1990s. He highlighted that while Visa processes daily transactions of $5 trillion to $7 trillion, stablecoin volumes currently range between $20 billion to $30 billion. Despite this gap, he expects mass adoption of digital assets over the next decade [4].

Sources:

[1] Visa Expands Settlement Platform to Stellar, Avalanche ... (https://www.coindesk.com/business/2025/07/31/visa-expands-settlement-platform-to-stellar-avalanche-adds-support-for-3-stablecoins)

[2] Visa Adds USDG, PYUSD, and EURC Stablecoins to ... (https://coinpaper.com/10288/visa-launches-circle-s-eurc-stablecoin-and-expands-support-for-avalanche-and-stellar-blockchains)

[3] Visa Expands Stablecoin Settlement Support (https://www.businesswire.com/news/home/20250731927549/en/Visa-Expands-Stablecoin-Settlement-Support)

[4] Visa Boosts On-chain Payments With New Stablecoins and ... (https://crypto-economy.com/visa-boosts-on-chain-payments-with-new-stablecoins-and-blockchain-support/)

[5] Visa Supercharges Stablecoins with PYUSD, EURC ... (https://coincentral.com/visa-supercharges-stablecoin-network-with-pyusd-eurc-usdg-across-ethereum-solana-avalanche-stellar/)

[6] Visa Expands Stablecoin Support to Four Coins and Adds ... (https://www.ainvest.com/news/visa-expands-stablecoin-support-coins-adds-avalanche-stellar-blockchains-2507/)